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LSE

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

More terms

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

Base rate

What's the base rate?

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

Maturity value

What's the maturity value of a bond?

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

Clean price

The quoted price of a gilt, which excludes accrued interest

S&P 500

Find out what is the definition of the S&P 500 index.

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